News
Emir Sanusi Says Won’t Help Tinubu’s Govt or Talk about the Economy
Sanusi spoke as the chairman of the 21st Memorial Lecture of Chief Gani Fawehimi held in Lagos, on Wednesday.

Former Central Bank of Nigeria Governor/ the Emir of Kano, Muhammadu Sanusi II, has said that he will not offer any advice to President Bola Tinubu’s led federal government on how to tackle the economic challenges facing the country.
Sanusi served as the Governor of the Central Bank of Nigeria from 2009 to 2014.
Sanusi spoke as the chairman of the 21st Memorial Lecture of Chief Gani Fawehimi held in Lagos, on Wednesday.
The Emir stated that he started by helping the government but that he has now resolved not to help the government again.
He said: ” I can give a few points here about what we are going through and how it was predictable and avoidable.
But I am not going to do that. I have chosen not to speak on the economy, or reforms or to explain anything because if I explain it, it will help this government. But I don’t want to help this government.
They are my friends, but if they don’t behave like friends, I won’t behave like a friend.
” They don’t even have people with pedigree that can come and explain to the people what they are doing. I am not going to help.
I started by helping, but I am not going to help. Let them come and explain to Nigerians why they are pursuing the policies that they are pursuing.
” But I will say this one thing though. What we are going through today is at least in part, a necessary consequence of decades of irresponsible management.
People were warning that if we continued the way that we were going, this is how we will end up but they refused to listen.
“Now, is everything being done correctly? No. When I am ready to talk about the economy, I will.”
Sanusi also charged lawyers to emulate the virtues of the late Gani Fawehinmi whom he said was an embodiment of good character and virtues now lacking in the legal profession.
News
NAFDAC : Fake Cowbell Milk in circulation
Risks include foodborne illnesses, allergic reactions, and organ damage, and in severe cases, death.

The National Agency for Food and Drug Administration and Control (NAFDAC) advises Nigerians to be vigilant and avoid purchasing counterfeit 12g Cowbell “Our Milk” sachets circulating across the country.
In a statement issued on Friday, the agency explained that the counterfeit product imitates the discontinued Cowbell “Our Milk” packaging, which Promasidor Nigeria Ltd stopped producing in September 2023.
The legitimate product was replaced with Cowbell “Our Creamy Goodness.”
The fake sachets unlawfully bear the Cowbell brand name, NAFDAC registration number and packaging design, despite not being manufactured or distributed by Promasidor.
The counterfeit products currently in circulation are imitations of the discontinued ‘Our Milk’ packaging and are not manufactured or distributed by Promasidor,” the agency stated.
“They bear unauthorised use of the brand name, NAFDAC Registration Number, and packaging design.”
The regulator raised concerns over the health risks posed by the counterfeit product.
“Risk Statement: Consumption of counterfeit milk poses serious health hazards, including exposure to toxic chemicals, unapproved additives, or diluted ingredients.
Risks include foodborne illnesses, allergic reactions, and organ damage, and in severe cases, death.
Infants, children, pregnant women, and the elderly are particularly vulnerable,” NAFDAC warned.
News
Japan designates the city of Kisarazu for Nigerians to live and work
Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.

The Japanese government has designated the city of Kisarazu as the official “hometown” for Nigerians seeking to live and work in Japan
Japan also unveiled similar hometown designations for Tanzania, Ghana, and Mozambique in Nagai, Sanjo, and Imabari, respectively.
The announcement was made on the sidelines of the 9th Tokyo International Conference for African Development (TICAD9), a move aimed at deepening cultural diplomacy, promoting economic growth, and enhancing workforce productivity.
Under the new arrangement, the Japanese government will introduce a special visa category for highly skilled, innovative, and talented Nigerian youth. Artisans and other blue-collar workers willing to upskill will also be eligible to live and work in Kisarazu under the special visa dispensation.
“Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.
The designation of Kisarazu builds on historical ties between Nigeria and the city.
The Nigerian Olympic contingent trained in Kisarazu during preparations for the 2020 Tokyo Olympics, where athletes acclimatised before moving to the Olympic Village.
Mayor Yoshikuni Watanabe of Kisarazu, who received the certificate from the Japanese government alongside Mrs. Adeseke, expressed optimism that the initiative would boost the city’s population and contribute to regional revitalisation efforts.
News
BREAKING: FG, state, local governments share N2.001trn July revenue

The three tiers of government—federal, state, and local—shared a total of N2.001 trillion from the Federation Account as revenue for the month of July 2025, according to the Federation Account Allocation Committee (FAAC).
The allocation was made during the FAAC meeting held in August 2025 in Abuja, with details released in an official communiqué.
The distributable revenue included:
- N1.282 trillion in statutory revenue
- N640.610 billion from Value Added Tax (VAT)
- N37.601 billion from Electronic Money Transfer Levy (EMTL)
- N39.745 billion from exchange rate difference
Out of the total distributed funds:
- The Federal Government received N735.081 billion
- State Governments received N660.349 billion
- Local Government Councils received N485.039 billion
- N120.359 billion was shared to oil-producing states as 13% derivation revenue
Revenue Breakdown:
Statutory Revenue (N1.282 trillion):
- FG: N613.805 billion
- States: N311.330 billion
- LGs: N240.023 billion
- 13% Derivation: N117.714 billion
VAT (N640.610 billion):
- FG: N96.092 billion
- States: N320.305 billion
- LGs: N224.214 billion
EMTL (N37.601 billion):
- FG: N5.640 billion
- States: N18.801 billion
- LGs: N13.160 billion
Exchange Gains (N39.745 billion):
- FG: N19.544 billion
- States: N9.913 billion
- LGs: N7.643 billion
- 13% Derivation: N2.643 billion
The total gross revenue for July was N3.836 trillion, down from N3.485 trillion in June. Cost of collection deductions amounted to N152.681 billion, while N1.683 trillion was allocated for transfers, refunds, savings, and interventions.
FAAC noted improved collections from Petroleum Profit Tax, Oil and Gas Royalties, EMTL, and Excise Duties, while Companies Income Tax and CET Levies declined slightly. VAT and Import Duties saw marginal growth.
The committee reiterated its commitment to ensuring transparency in the allocation of national revenues across all levels of government.
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